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Canada's growing corporate tax gap

Canada's growing corporate tax gap

This Matters

October 20, 202221m 49s

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Show Notes

Guest: DT Cochrane, economist with Canadians for Tax Fairness

Canada's largest corporations avoided paying $30 billion in taxes last year, according to a new report from the non-profit organization Canadians for Tax Fairness. Compared to previous years this was due to record profits and a very low tax rate, and lower than the one stipulated in the tax code. How did this happen? While it all appears to be legal, is it fair? We talk and explain the tax gap and how more information about these practices could benefit all Canadians.

This episode was produced by Alexis Green, Paulo Marques and Raju Mudhar.